1951 E OXFORD Drive, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
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Tempe, AZ 85283
This Spacious Traditional Residence is a High-Potential Investment Opportunity listed at $512,000—positioned well below the $572,784 Fair Market Value by 10%. This valuation gap provides $60,784 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features a new HVAC (2022), updated windows, and a climate-controlled sunroom. The oversized lot includes a pebble-finish pool and pizza oven, with solar panels to be paid off at closing. This is an ideal acquisition for Owner-Occupants seeking built-in wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1951 E OXFORD Drive Subject | $512,000* List Price | 3 | 2 | 2,012 | $285 | - |
A 1916 E MAGDALENA Drive Sold | $655,000 List Price | 4 | 2 | 2,070 | 0.3 mi | |
B 1854 E MAGDALENA Drive Sold | $615,000 List Price | 4 | 2 | 2,076 | 0.4 mi | |
C 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.5 mi |
D 2036 E Gemini Drive Sold | $600,000 | 3 | 2 | 2,132 | $281 | 0.5 mi |
E 1859 E YALE Drive Pending | $575,000 List Price | 4 | 2 | 2,004 | $287 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1972, it has been well-maintained with significant recent updates that place it in the 'Good' category. Key system improvements include a new HVAC (2022) and updated windows with plantation shutters. Interior photos show modern wood-look tile flooring, fresh paint, and a clean, move-in-ready aesthetic, suggesting renovations within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9135, living area = 2012.
The home features a new HVAC system (2022), updated windows with plantation shutters, and solar panels that will be paid off at closing, providing immediate efficiency and long-term utility savings.
With over 2,000 sq ft, the floor plan is enhanced by a flexible bonus room and a climate-controlled sunroom, offering more functional square footage and lifestyle options than standard 3-bedroom homes.
Built in 1972, the property may have original underlying systems or structural elements that could require maintenance or modernization compared to newer builds.
The description of a 'spacious kitchen footprint' and 'room to create' in the backyard suggests that the interior finishes and landscaping may require additional buyer investment to meet modern design standards.
Tucked on a quiet cul-de-sac in an established Tempe neighborhood, this 3-bedroom, 2-bath home offers over 2,000 sq ft on an oversized lot. The flexible floor plan includes multiple living areas, a spacious kitchen footprint, and a bonus room ideal for office or media use. A thoughtfully enclosed, climate-controlled patio creates a bright sunroom seamlessly integrated into the living space. Updated windows with plantation shutters and a new HVAC system (2022) add comfort and efficiency. Leased solar will be paid off at closing with acceptable offer. The backyard features a pebble-finish pool, a pizza oven and room to create your ideal outdoor setting. Conveniently located near the US-60, Loop 202, shopping and dining!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,012 | 2,012 | 50% |
| Lot Size | 9,135 | 7,924 | 70% |
| Price | $512.0K | $360.0K | 64% |
| Price per sq ft | $254 | $247 | 51% |
| Built year | 1972 | 1978 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 2341 | 2% |
Apr 14, 2026
$512,000
Initial Listing